Indie Campers Accelerates Growth with €35 Million Investment Boost
July 20, 2024, 9:33 am
Indie Campers, the Lisbon-based global RV rental platform, has recently secured a substantial €35 million in funding to propel its expansion and innovation efforts. Since its establishment in 2013, Indie Campers has been at the forefront of revolutionizing the road trip experience, offering travelers flexible and customizable Recreational Vehicle ("RV") travel options through its intuitive platform and extensive network of over 70 locations worldwide.
With a diverse fleet of more than 7,000 RVs spanning three continents and operating in more than 20 countries, Indie Campers has rapidly grown into a prominent player in the travel industry. Headquartered in Lisbon, Portugal, the company boasts a team of over 500 employees globally and is committed to further strengthening and expanding its workforce to support its ambitious growth plans.
While Indie Campers has been profitable since its inception, the recent infusion of funds will play a crucial role in fueling the company's rapid growth trajectory and fostering ongoing innovation. The capital injection will be channeled towards enhancing the technological capabilities of Indie Campers' digital platform, streamlining operational processes, and elevating the overall customer experience.
CEO and Founder Hugo Oliveira expressed his enthusiasm about fortifying Indie Campers' position as the leading global RV rental platform, emphasizing the importance of recruiting top talent across various key areas such as product development, technology, data analytics, and marketing to ensure the company's sustained success in the long run.
Indico Capital Partners, along with Cedrus and GED Ventures, led the funding round, underscoring their confidence in Indie Campers' vision and potential for continued growth. Stephan de Moraes, Managing General Partner at Indico Capital Partners, highlighted the company's remarkable journey from its humble beginnings in Lisbon to its current global presence, commending its entrepreneurial spirit and resilience.
The latest funding milestone marks a significant achievement for Indie Campers, symbolizing its evolution from a local startup to a globally recognized brand synonymous with exceptional road trip experiences. As the company sets its sights on expanding its global footprint, introducing new products and services, and delivering unparalleled customer satisfaction, the future looks promising for Indie Campers as it continues to drive forward in the competitive travel industry landscape.
With a diverse fleet of more than 7,000 RVs spanning three continents and operating in more than 20 countries, Indie Campers has rapidly grown into a prominent player in the travel industry. Headquartered in Lisbon, Portugal, the company boasts a team of over 500 employees globally and is committed to further strengthening and expanding its workforce to support its ambitious growth plans.
While Indie Campers has been profitable since its inception, the recent infusion of funds will play a crucial role in fueling the company's rapid growth trajectory and fostering ongoing innovation. The capital injection will be channeled towards enhancing the technological capabilities of Indie Campers' digital platform, streamlining operational processes, and elevating the overall customer experience.
CEO and Founder Hugo Oliveira expressed his enthusiasm about fortifying Indie Campers' position as the leading global RV rental platform, emphasizing the importance of recruiting top talent across various key areas such as product development, technology, data analytics, and marketing to ensure the company's sustained success in the long run.
Indico Capital Partners, along with Cedrus and GED Ventures, led the funding round, underscoring their confidence in Indie Campers' vision and potential for continued growth. Stephan de Moraes, Managing General Partner at Indico Capital Partners, highlighted the company's remarkable journey from its humble beginnings in Lisbon to its current global presence, commending its entrepreneurial spirit and resilience.
The latest funding milestone marks a significant achievement for Indie Campers, symbolizing its evolution from a local startup to a globally recognized brand synonymous with exceptional road trip experiences. As the company sets its sights on expanding its global footprint, introducing new products and services, and delivering unparalleled customer satisfaction, the future looks promising for Indie Campers as it continues to drive forward in the competitive travel industry landscape.